Naira crashes against foreign currencies upon Buhari’s return

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The Nigerian Naira, on Friday, crashed against the American Dollar, Pound Sterling and Euro at the parallel market, hours after President Muhammadu Buhari’s return from London.

According to reports, the local currency dropped one point against the dollar to N463 per US dollar as against the N462 rate it was on Thursday.

The Naira also crashed to N555 against the Pound from the previous rate of N550 and weakened to N480 per Euro as against the previous rate of N477.

 

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